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Palm Avenue Apartments

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Palm Avenue Apartments

1425 Palm Ave SW, Seattle, WA 98116
Multi-Family For Sale Available Cap Rate 3.05% Built 1913 3 floors Zoning: NR3
Asking Price
$1,700,000
Total Building4,243 SF
Available4,243 SF avail
Land6,450 SF land
MarketWest Seattle
CountyKing

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Overview

Property ID
305966
Listing ID
707375
Type
Multi-Family
Asset Class
Multi-Family
Zoning
NR3

Description

Paragon Real Estate Advisors is pleased to present an exceptional multifamily investment opportunity in the highly desirable North Admiral neighborhood of West Seattle. Situated in a quiet residential setting just minutes from Alki Beach, the property benefits from strong tenant demand driven by its coastal proximity, neighborhood charm, and convenient access to shops, dining, and transit. Opportunities to acquire assets in this pocket are limited due to very limited supply making this offering a compelling chance to secure a well-located property in one of West Seattle’s most sought-after submarkets. The seller is open to seller financing for qualified buyers.The offering consists of a five-unit multifamily property comprised entirely of one-bedroom/one-bathroom units, with updates com

Listing Courtesy of:

RI
Ryan Iles
Paragon Real Estate Advisors
600 University St., Ste. 2018,
Seattle, WA 98101-1176
State: WA City: Seattle ZIP: 98116 Type: For Sale

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Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.